Crypto news

The Reserve Bank (the central banking institution of Australia) collaborated with the Digital Finance Cooperative Research Centre (DFCRC) to unveil a technical White Paper on its future CBDC. The organization is expected to complete the pilot version of the financial product by the middle of 2023. Australia joined the list of countries, racing to issue a digital form of their national currency. According to a recent announcement, the Reserve Bank issued a White Paper called...

Hackers have reportedly attacked several big-name South Korean YouTube channels in the past few months. After gaining access, most wrongdoers used the platform to upload cryptocurrency-related videos. Among the victims was the official YouTube channel of the South Korean government. Earlier this month, a group of cybercriminals compromised it so they could promote a crypto scam featuring Elon Musk’s image. South Korean Users Should Stay Alerted A recent coverage revealed that...

Former NSA contractor and famous whistle-blower Edward Snowden was granted Russian citizenship by President Vladimir, as reported by the state-run news agency TASS on Monday.  His name was included on a list of 71 other foreigners who also became citizens.  Snowden applied for citizenship alongside his wife in 2020 after receiving permanent residency rights, citing a desire not to be separated from his sons.  “After two years of waiting and nearly ten years of exile, a...

Shares of the Grayscale Bitcoin Trust (GBTC) have never been cheaper relative to the value of the company’s underlying Bitcoin holdings. The GBTC discount has gone below 35% again for the first time since June. While the company’s holdings per share are worth $17.27, the market value of each share is only $11.18.  Figures for calculating the discount are publicly available on Grayscale’s website. As is displayed, GBTC share prices were down 4.77% on Monday, versus a mere...

Gavin Newsom – Governor of California – refused to sign legislation that would have required cryptocurrency firms and individuals in the state to gain a certain license to operate in the area. Instead, he argued that the authorities should impose more flexible rules to “keep up with rapidly evolving technology and use cases” of digital assets. Earlier this year, Governor Newsom issued an executive order on cryptocurrencies, aiming to establish a bridge between California...

Controversial crypto entrepreneur Jason Falovitch on Sunday reported that hackers breached his crypto wallet on OpenSea and stole four NFTs and six ETH. The value of the stolen assets is estimated to be in the range of $150,000, media reports said. In a similar incident, earlier this month, famous American actor and comedian Bill Muray became a victim of hackers and lost 119.2 ETH worth $185,000 that he had just finished raising through his NFT action for a charity.   Asking...

Press Release: Users of the popular casino platform 1xbit can now benefit from the super fast transaction speeds and very low fees with the addition of Polygon. (Matic) 26th September 2022, Limassol, Cyprus — 1xBit has added Polygon [MATIC] to its expanding portfolio of supported crypto assets.The top 10 cryptocurrency offers players new possibilities with super fast speeds and almost no transaction fees whatsoever. Polygon: What is the Hype About? Polygon is a...

Despite a selloff in stocks late last week, Bitcoin appears to be holding its ground. The top cryptocurrency by market cap was trading at roughly $19,000 on Monday, as the S&P 500 was down 1% on the day. In fact, digital assets appear to be rivaling the dollar as the best-performing asset in Q3.  Bitcoin’s outperformance is also apparent on a 5-day basis. While the coin is up almost 3% in that time, the S&P and NASDAQ were both down roughly 5% over the same period....

Bitcoin and Ethereum have been having a tough time. The problems began again at the end of August when Jerome Powell, the leader of the Federal Reserve, made a five-minute speech suggesting the agency was going to be ruthless in its attempts to curb inflation. Bitcoin Ain’t Doing So Hot This, of course, means people can potentially look forward to further rate hikes, which have not done well for bitcoin. Every time rates go up, bitcoin’s price goes down along with the...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.